Global Stock Rout Prompts Call for Back-to-Basics Investing
- Investors like high-grade debt, firms with good cash flow
- China’s new economy and internet shares are eyed by investors
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Traders unnerved by a selloff that hit stocks and bonds alike are looking for refuge, increasing the appeal of investments offering reliable returns such as shares that pay steady dividends.
A rout that’s seen global stocks enter a bear market and so-called risk-free Treasuries slump is forcing investors to get creative. They are looking at assets like high-dividend shares, investment-grade bonds and Chinese stocks.